First Capital breaks investment mould with Money Plus Fund

Wednesday, 9 October 2024 04:22 - - {{hitsCtrl.values.hits}}

First Capital Asset Management Ltd., a subsidiary of First Capital Holdings, drives forward with its groundbreaking unit trust fund, the “First Capital Money Plus Fund.”

This innovative investment product offers investors the best of both worlds: an unparalleled opportunity to enjoy attractive returns while maintaining instant access to their funds.

The First Capital Money Plus Fund allows investors to benefit from returns comparable to fixed deposits. In contrast to traditional investment options, the fund offers instant liquidity through a debit card issued by Hatton National Bank PLC. This feature enables investors to withdraw cash from ATMs nationwide and make online payments with ease.

The versatility of this innovative fund makes it ideal for various financial objectives. Unlike traditional savings tools, which often yield minimal returns, the First Capital Money Plus Fund offers daily return calculations and return-on-return features maximise earnings, making it a compelling choice for individuals looking to grow their wealth efficiently. Whether aiming to optimise salary returns, build an emergency fund, setting aside funds for anticipated future expenses or accelerate investment goals, the First Capital Money Plus fund provides a flexible and rewarding solution.

Furthermore, prioritising stability and security, this fund invests in a diversified portfolio, mainly focusing on Government Securities, including treasury bills and bonds. Investments are protected by rigorous measures, including regulation by the Securities and Exchange Commission of Sri Lanka, independent oversight by Hatton National Bank as trustee, and expert management by First Capital’s seasoned fund managers. These safeguards, offer investors peace of mind and confidence in their investment.

First Capital Asset Management CEO Kavin Karunamurthy said: “Have you ever wondered why your hard-earned money is just sitting in a traditional account, not working as hard as it could be? Many savers, whether setting aside funds for planned expenses or emergencies, often overlook the potential for their money to generate greater returns. The First Capital Money Plus Fund offers a modern financial solution that provides both growth benefits and the flexibility to access your funds whenever needed. It’s more than just a typical savings or investment tool – It’s designed to maximise the effectiveness of your money.”

The current yield is variable and subject to change. Past performance is not an indicator of future performance. Investors are advised to read and understand the KIID before investing. Among others, investors shall consider the fees and the charges involved.